Taylor Morrison Home (TMHC) Operating Expenses (2012 - 2026)
Taylor Morrison Home (TMHC) posted quarterly Operating Expenses of $148.8 million for Q1 2026, down 15.73% year-over-year from $176.6 million in Q1 2025, and down 23.52% quarter-over-quarter from $194.6 million in Q4 2025.
Taylor Morrison Home (TMHC) Operating Expenses (2012 - 2026) Analysis & Trends
Taylor Morrison Home's Operating Expenses history runs 15 years deep, the most recent figure standing at $148.8 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 15.73% year-over-year to $148.8 million; the TTM figure through Mar 2026 stood at $707.2 million (down 8.98% YoY), while the FY2025 annual figure was $735.0 million, down 4.61% from the prior year.
- Operating Expenses for Q1 2026 stood at $148.8 million, down from $194.6 million in the prior quarter.
- The five-year high for Operating Expenses was $204.3 million in Q4 2024, with the low at -$106.6 million in Q4 2022.
- The 5-year median for Operating Expenses is $176.6 million (2025), against an average of $159.8 million.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses slumped 157.41% in 2022, then soared 276.57% in 2023.
- Taylor Morrison Home's Operating Expenses stood at -$106.6 million in 2022, then jumped by 276.57% to $188.2 million in 2023, then rose by 8.53% to $204.3 million in 2024, then fell by 4.72% to $194.6 million in 2025, then retreated by 23.52% to $148.8 million in 2026.
- Business Quant data shows TMHC's Operating Expenses at $148.8 million in Q1 2026, $194.6 million in Q4 2025, and $180.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 42.21 Bn | 40.08 Bn | 2.15 Bn | 991.20 Mn |
| 2 | Pultegroup | 24.57 Bn | 23.19 Bn | 1.06 Bn | 382.97 Mn |
| 3 | Lennar | 21.08 Bn | 18.90 Bn | 7.69 Bn | 7.54 Bn |
| 4 | Nvr | 17.37 Bn | 16.28 Bn | 485.14 Mn | 150.72 Mn |
| 5 | Toll Brothers | 14.05 Bn | 12.95 Bn | 604.89 Mn | 258.25 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 148.85 Mn |
| 7 | Installed Building Products | 6.62 Bn | 6.23 Bn | 258.90 Mn | 164.30 Mn |
| 8 | Champion Homes | 5.09 Bn | 4.45 Bn | - | - |
| 9 | Meritage Homes | 4.75 Bn | 3.95 Bn | 254.14 Mn | 144.19 Mn |
| 10 | Cavco Industries | 4.57 Bn | 4.31 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 148.85 Mn |
| Dec 31, 2025 | 194.62 Mn |
| Sep 30, 2025 | 180.70 Mn |
| Jun 30, 2025 | 183.04 Mn |
| Mar 31, 2025 | 176.62 Mn |
| Dec 31, 2024 | 204.26 Mn |
| Sep 30, 2024 | 199.34 Mn |
| Jun 30, 2024 | 196.74 Mn |
| Mar 31, 2024 | 170.16 Mn |
| Dec 31, 2023 | 188.21 Mn |
| Sep 30, 2023 | 167.79 Mn |
| Jun 30, 2023 | 183.68 Mn |
| Mar 31, 2023 | 159.02 Mn |
| Dec 31, 2022 | -106.59 Mn |
| Sep 30, 2022 | 147.05 Mn |
| Jun 30, 2022 | 165.54 Mn |
| Mar 31, 2022 | 157.27 Mn |
| Dec 31, 2021 | 185.67 Mn |
| Sep 30, 2021 | 167.61 Mn |
| Jun 30, 2021 | 167.56 Mn |